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EU-KOM still estimates the EU rapeseed supply in 2022/23 to be tight At the end of April 2022, the EU Commission (EU-KOM) estimated the coming rapeseed harvest in 2022 to be +7.6% higher than in the previous year at 18.3 million tonnes . The rapeseed area was increased by 6.9%; yields per hectare are expected to be only slightly higher than in the…

EU-COM estimates the EU grain supply in 2022/23 to be only slightly tighter At the end of April 2022, the EU Commission (EU-KOM) estimated the coming grain harvest in 2022 to be +0.9% higher than in the previous year at 295.8 million tonnes . The cereal acreage was increased slightly; with the area yields one goes z. Currently assuming slightly…

April 2022: MARS reduces estimate of EU area yields 2022 In the April 2022 issue, the EU Commission's Agrometeorological Institute (MARS) has reduced the yield estimates from the previous month. The basis is climate data up to April 22, 2022. First of all, it is noted that in most EU regions, mild weather has brought the seed heads through the…

IGC estimates 2022/23 soybean harvest 9.7% higher In its April 2022 issue, the International Grains Council (IGC) estimated the global 2022/23 soybean harvest to be +9.7 % to around 383 million tonnes compared to the previous year . Global consumption is also estimated to be higher at 373 million t . The ending stocks (EB) rise to 54 million t or…

Apr. 2022: IGC estimates world grain supply 2022/23 lower In its April 2022 issue, the International Grains Council (IGC) estimates the global grain harvest 2022/3 to be -12 million t lower at 2,275 million t than in the Previous year. Global consumption is estimated at 2,302 million t ; this corresponds to an increase of +21 million t compared to…

GDT Auction in Apr. 2022: -3.6% The second. Global Dairy Trade (GDT) Apr 2022 auction delivered a third drop in average auction results. Individual winnings from the pre-auction had to be withdrawn. Trading volumes remain at a reduced level for seasonal reasons. Whole milk powder (VMP) (50% market share) lost an average of -4.4% compared to the pre…

EU COM preview: EU rapeseed market 2022 - increasing harvest - less imports In its spring edition of the short-term forecasts for the agricultural markets, the EU Commission (EU-KOM) estimates the coming rapeseed harvest at 18.1 million t, which is significantly higher than the previous year's figure of around 17 million t. The background is an…

USDA forecast 2022: China's meat imports are falling - pork exporters looking for sales The world's largest pork producer China is expected to return to moderate upward trends after a 30% increase in production in 2021 . The USDA estimates own production of around 51 million t for 2022 or +7.4% compared to the previous year. At the low point of…

DRV: 2nd grain harvest estimate for 2022 at 43.58 million t - 2.2% above average The German Raiffeisen Association (DRV) estimated German grain production in 2022 at 43.58 million t in its 2nd harvest estimate. The result is around +3.3% above the previous year or +2.2% above the 5-year average. With the acreage unchanged compared to the previous…

USDA: war-related corrections to grain supply in FY 2021/22 The US Department of Agriculture (USDA) has made some corrections due to the Ukraine war in its April 2022 edition of the World Grain Harvest 2021/22. Global production is rated slightly higher than the previous month at 2,280 million t. The decisive factor was the higher wheat harvest in…

GDT auction in Apr. 2022: -1.0% price increase stopped again. The Apr 1, 2022 Global Dairy Trade (GDT) auction delivered a second setback in average auction results, with only skimmed milk powder realizing a premium. The trading volumes decrease considerably due to seasonal factors. Whole milk powder (VMP) (50% market share) lost an average of…

1.95 €/kg (+3 ct) - already the end of the road? The brief rapid increase in pig prices in March 2022 from €1.20 to €1.95/kg has reached its limits. After weeks of declining slaughter numbers from more than 800,000 to less than 740,000 pigs per week, 800,000 animals with increasing slaughter weights were recently offered again. Pre-registrations…

US hog count lower than expected as of March 1, 2022 The quarterly inventory of US hog counts as of March 1, 2022 yielded mostly surprisingly lower than expected results. The total number of animals was -2.3% below the previous year's result. The number is even below the lower range of the forecasts. The number of breeding pigs fell by 98.1%…

MARS estimates area yields of winter seeds for the first time in 2022 The Agrometeorological Institute of the EU Commission (MARS) has published an initial yield estimate for winter seeds. The basis is multi-year trend developments, which were partially corrected by deviating regional climate data up to March 18, 2022. First of all, it is noted…

Coceral estimates EU-27 grain harvest 2022 lower at 282.6 million t (previous year 285 million t) In its first forecast at the end of March 2022 , the umbrella organization of European grain and oilseed traders (Coceral) estimated the EU-27 grain harvest 2022 to 282.6 million t compared to the preliminary estimate. incl. Around 319 million t are…

DRV estimates the 2022 rapeseed harvest at 3.9 million tons - harvest volumes are increasing again In its 1st edition in March 2022, the German Raiffeisen Association (DRV) estimates the German rapeseed harvest at 3.9 million t , which is 11.6% higher than in the previous year. The decisive factor is the +8.6% increase in cultivated area , which…

DRV: 1st grain harvest estimate for 2022 at 43.24 million t, just above average and self-sufficiency The German Raiffeisen Association (DRV) estimated German grain production in 2022 at 43.24 million t in its 1st harvest estimate. The result is around +2.5% above the previous year and +1.4% above the 5-year average. A slightly declining cultivation…

GDT Auction in Mar 2022: -0.9% The March 2, 2022 Global Dairy Trade (GDT) auction was stopped for the first time after the previous continuous increases since the beginning of the year. A significant surcharge was only achieved for milk powder. The trading volumes decrease seasonally. Whole milk powder (VMP) (more than 50% of the auction volume)…

Mar-2022: USDA cuts 2021/22 oilseed supply 10 Mt lower. In its March 22 estimate, the US Department of Agriculture (USDA) significantly reduced the 2021/22 oilseed harvest to around 601 million t (previous month: 611 million t). However, consumption will be reduced by 7 million t less to 514 million t. The final stock falls back to 104 million t…

USDA: Grain supply in FY 2021/22 only partially affected by war, but unfavorable prospects for 2022/23 In its March 2022 issue, the US Department of Agriculture (USDA) increased the world grain harvest 2021/22 to 2,277 million t somewhat compared to the previous month. The decisive factor was the record harvest in Australia, which is currently…

War in the Ukraine: Grain/rapeseed supplies remain scarce for a long time . The supply routes from the Black Sea, which were blocked due to the war, reduce the global availability of grain. However, as the world's largest wheat exporter , Russia has already completed most of its exports in the current marketing year. The Ukraine mainly exports…

GDT auction in Mar 2022: +5.1% The Mar 1, 2022 Global Dairy Trade (GDT) auction closed with a positive average result for the 4th straight year. Strong surcharges were again achieved for milk powder and normal butter. The available quantities continue to decrease. Whole milk powder (VMP) (more than 50% of the auction volume) has again increased…

Winter seeds in good condition In most regions, the winter seeds are in good condition according to the most recent climate data analysis by the EU Commission's Agrometeorological Institute (MARS). However, large areas of central and western Europe still have a precipitation deficit, which should still be filled before the start of vegetation. In…

Pork market: €1.25/kg; (Range 1.20 to 1.25 €/kg) The weekly slaughter figures are higher at 825,937 (previous week 786,871), the slaughter weights have remained the same at 97.3 kg . With 247,000 pigs (previous week 274,600 ), the pre- registrations have decreased significantly, and provide a clear signal for a significant decrease in future…

IGC cuts global grain supply again - corn scarcer than wheat In its February 2022 issue, the International Grains Council (IGC) estimated the world grain harvest 2021/22 at 2,281 million t, which is 5 million t lower than in the previous month. Global consumption is reduced only slightly to 2,286 million t. Stocks fall back to 596 million t. The…

GDT auction in February 2022: +4.2% again The Feb. 2, 2022 Global Dairy Trade (GDT) auction closed with a repeat positive average result of +4.2%. Strong surcharges were again achieved for skimmed milk powder and normal butter. The available quantities have fallen significantly. Whole milk powder (VMP) with more than half of the auction volumes has…

Feb-2022: USDA lower estimates 2021/22 oilseed supply. In its Feb. 22 estimate, the US Department of Agriculture (USDA) significantly reduced the 2021/22 oilseed harvest to around 611 million t (previous month: 620 million t). However, consumption will be reduced less sharply to 521 million t. The end stock falls back to 104 million t (previous…

USDA slightly cuts global grain supply again In its February 2022 issue, the US Department of Agriculture (USDA) estimated the world grain harvest 2021/22 at 2,273 million t, slightly lower than in the previous month. Global consumption will also be slightly reduced to 2,279 million t. Stocks were reduced again by around 605 million t. The supply…

Febr. 2022: FAO corrects world grain supply 2021/22 The latest FAO estimate for the supply situation on the world grain/rice market 2021/22 delivered a small improvement in production by around 2 million tonnes or +0.8% more than the previous year. The increase in consumption is rated 1.5% higher. The ending stocks are correspondingly lower. The…

GDT auction in Feb. 2022: +4.1% on average The 1 Feb 2022 Global Dairy Trade (GDT) auction closed with a repeat positive average result of +4.1%. Strong surcharges were again achieved for whole milk powder and normal butter. The available quantities have fallen significantly. Whole milk powder (WMP) with more than half of the auction volumes has…

China's pork imports: Spain the biggest winner – Germany the biggest loser In the competition for China's high pork imports, all exporting countries were initially involved with increasing quantities. In 2020, Chinese imports reached their peak at 5.55 million tons ; the EU-27 supplied more than half with around 3 million t. The two North American…

GDT auction in Jan. 2022: +4.6% on average The January 2nd, 2022 Global Dairy Trade (GDT) auction closed at the beginning of the year with a clearly positive average result. Surcharges for whole and skimmed milk powder as well as butter set the tone. The throughput volumes remained at the same high level, but fell significantly short of the usual…

Jan-22 USDA Report: Pork Market 2022 According to calculations by the US Department of Agriculture (USDA), global pork production is expected to have increased by + 13.5% year-on-year in 2021. The main increases took place in China with +34.4%. With the growing Chinese self-supply, imports fell from 5.3 million t in the previous year to 4.75…

USDA estimates oilseed supply lower in 2021/22. In its Jan.22 estimate, the US Department of Agriculture (USDA) reduced the oilseed harvest in 2021/22 to around 619 million t (previous month 627.6 million t). However, the consumption is estimated to be slightly reduced at 526 million t. The final stock is estimated at 107 million t (previous month…

USDA makes only minor adjustments to global grain supply In its January 2022 edition, the US Department of Agriculture (USDA) estimated the world grain harvest for 2021/22 to be a little lower than in the previous month at 2,279 million tons. Global consumption will also be reduced somewhat to 2,281 million t. The inventories were increased…

Rise in fertilizer prices has not yet completely stopped - level remains high As a result of rising energy prices, with a focus on natural gas, as well as increased grain prices, fertilizer prices have doubled or tripled . Higher transport costs for the heavy load fertilizer and, last but not least, logistical bottlenecks have also fueled the price…

Pork market at the beginning of 2022 After the holidays between the years, meat demand is usually very restrained in the first few weeks of January. In particular, the higher quality cuts such as fillet and salmon are difficult to find in the market. In addition, the restrictions in the catering industry make sales more difficult. The processing…

Paris: Rapeseed rates just over € 800 / t - just a flash in the pan ?! Rapeseed prices on the Paris stock exchange briefly exceeded the mark of € 800 / t. On the Winnipeg Stock Exchange in Canada, the corresponding canola prices are traded around € 710 / t. In both cases, prices have risen recently. The current producer prices for rapeseed in this…

GDT auction in January 2022: on average + 0.3% The 1st Jan. 2022 auction of Global Dairy Trade (GDT) closed with a slightly positive average result at the beginning of the year. Surcharges for butter and skimmed milk powder made a significant contribution to the result. The throughput volumes remained consistently high, but fell well below the…

Grain market at the turn of the year 2021-22 Current grain prices between 20 to 30 € / dt are the result of a scarce supply situation. The bottleneck exists on a world level and affects local market and price developments through exports and imports. Beyond the supply-demand ratios, the increased transport costs are driving prices up. Fears of…

Market for milk and dairy products at the turn of the year 2021-22 The global rise in prices for butter and skimmed milk powder in the second half of 2021 ultimately also led to increases in milk prices. The reason for the price increases are reduced milk deliveries in the leading production areas, above all New Zealand as the world's largest…

Oilseeds (rapeseed, soybean meal) Rapeseed prices above 750 € / t on the Paris stock exchange are a clear indication of the global supply crisis for this oilseed. The main reason is the heat-related harvest disaster in Canada with a loss of 50%. The exports of the world's largest exporter are falling to the same extent. The rapeseed harvest in the…

Pork market at the turn of the year 2021-22 The development of German pork prices in 2021 began with slaughter-related prices of 1.19 € / kg, reached the line of 1.50 € / kg in the second quarter and slipped to the level of 1 in the autumn. 20 € / kg. The reasons for the recent low price level lie in China's import ban as a result of the ASP, in…

US pig population as of December 1st, 2021: - 4% compared to the previous year On the occasion of the quarterly survey of the population on December 1st, 2021, 74.2 million pigs were counted in the USA. Compared to the previous year there was a decrease of -4 % . The increase in the US pig population, which has lasted for 10 years, has thus clearly…

Results of the livestock census on November 03, 2021 In 10 years the number of pig farmers has decreased by 39%. The pig population today is as low as it was 25 years ago. The preliminary evaluation of the livestock census records for the reference date November 3rd-2021 resulted in a pig population of 23.6 million . Animals - 4.2% less than were…

GDT auction in December 2021: on average -1.5% In the 2nd Dec. 2021 auction of Global Dairy Trade (GDT), the positive average result of the pre-auction was reset. The decisive factor was the poor performance in the case of whole milk powder. The other products remained in the slightly positive trend. The throughput volumes remained consistently…

USDA: Expects milk market supply to be scarcer in 2022 In its six-monthly forecast, the US Department of Agriculture (USDA) estimates that the milk market will be less supplied worldwide in 2022. Production in major countries around the world is expected to increase by less than 1% on average. This contrasts with global increases in consumption of…

MARS: Development of winter hardiness in wheat at a low level The agrometeorological institute of the EU Commission (MARS) determined the winter hardiness in wheat on the basis of weather data from December 3, 2021 with the help of a long-term proven calculation model for large parts of Europe. Winter hardiness arises when temperatures drop around…

Coceral EU rapeseed harvest in 2022 forecast by 6% higher yoy umbrella organization of European grain and oilseed traders (COCERAL) estimates based on the previously known acreage and average yield assumptions an EU rapeseed harvest in the amount of 18.4 million tonnes (previous year: 17 , 3 million t). The main reasons are a 4.1% increase in…

Coceral forecasts EU grain harvest 2022 lower than the previous year by 1.25% The umbrella association of European grain and oilseed traders (COCERAL) estimates an EU grain harvest of 281 million t (previous year) on the basis of the cultivated areas known to date and reduced average yield assumptions 285 million t). With an insignificantly…

USDA slightly cuts oilseed production and consumption in 2021/22 In its December estimate, the US Department of Agriculture (USDA) put the oilseed harvest in 2021/22 up 4.1% to around 627 million t (previous year 604 million t). Consumption is expected to increase from 509 to 527 million tons. The final stock is estimated at a slightly higher 114…

USDA estimates global cereal production later a US Department of Agriculture (USDA), in its edition Dez.2021 the world grain harvest 2021/22 to 2,279 million tonnes estimated slightly higher than last month. Global consumption is also set to be somewhat higher at 2,283 million t. The stocks remain at around 609 million t. The pension figure remains…

GDT auction in December 2021: + 1.4% on average In the Dec. 1, 2021 Global Dairy Trade (GDT) auction, the prices were again increased by 1.4% compared to the pre-auction. The upward trend continues in all sectors. The greatest price increases are repeatedly achieved with normal butter. The throughput volumes continue to rise due to seasonal factors…

FAO corrects current harvest estimate lower than in the previous month The Agriculture and Food Organization of the United Nations (FAO) has revised its Dec estimate of the global grain and rice market slightly downwards. Weaker results for barley and sorghum were only partially offset by higher corn harvests. In the case of wheat, there have been…

Dec. 2021: Australia expects a surprising record harvest The harvest delayed by rainfall in Australia is currently estimated by the local Agriculture Office at a record level of over 63 million t . After several previous years with bad harvests due to drought, a super harvest is expected for the second year in a row. The reasons for this lie in…

Milk prices with upside potential - declining milk delivery The prices for milk and milk products have recently shown a clear upward dynamic. Comparatively little has arrived at the producer level. The milk delivery sinks below the previous year. The Kiel raw material value for milk is calculated from the market revenue from butter and skimmed milk…

Have the fertilizer price increases reached their peak? The fertilizer prices, which have risen since the beginning of 2021, have risen sharply again in the last 3 months. The purchase prices for KAS are traded above 620 € / t. Diammon phosphate (DAP) reaches the line of around 800 € / t. Granulated urea is hovering around $ 900 / t free port…

Nov. 2021: IGC corrects world grain supply slightly downwards in 2021/22 In its November 2021 edition, the International Grain Council (IGC) estimates the global grain harvest to be 2,287 million t or 3 million t lower than in the previous month. Compared to the previous year, the result is + 3.4% higher. Consumption is estimated to be slightly…

GDT auction in Nov. 2021: +1.9% on average In the Nov. 2, 2021 auction of Global Dairy Trade (GDT), the prices were again increased by +1.9% compared to the pre-auction. The upward trend continues in all sectors. The greatest price increases are achieved with normal butter. The throughput volumes continue to rise due to seasonal factors, but remain…

DRV: final harvest estimate - surprisingly high maize harvest In its final harvest estimate, the German Raiffeisen Association (DRV) corrected the result to 42.28 million t. The latest surveys on the K. maize harvest have been incorporated into this. The total harvest is rated -2.3% lower than in the previous year and is more in the lower midfield…